About Trace
Trace is a company based in San Francisco (United States) founded in 2006 by Mike Gonzalez and Martin Destagnol was acquired by Paylocity in December 2023. It operates as a SaaS (Software-as-a-Service). Trace has raised $8.3 million across 1 funding round from investors including Paylocity, Greylock Partners and Uncork Capital. The company has 12 employees as of December 31, 2022. Trace offers products and services including Trace Headcount and Trace Spend. Trace operates in a competitive market with competitors including Conta Simples, AppZen, Jenji, Mendel and Sensibill, among others.
- Headquarter San Francisco, United States
- Employees 12 as on 31 Dec, 2022
- Founders Mike Gonzalez, Martin Destagnol
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Tracehq.Com, Inc.
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Products & Services of Trace
Trace offers a comprehensive portfolio of products and services, including Trace Headcount and Trace Spend.
Workforce planning tool for headcount management and analytics.
Spend management solution for procurement and budget efficiency.
People of Trace
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Software Development Team
2 people
Leadership Team
1 people
CTO Team
1 people
Sales and Marketing
1 people
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Funding Insights of Trace
Trace has successfully raised a total of $8.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $8.3 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Trace
Trace has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Paylocity, Greylock Partners and Uncork Capital.
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Venture capital firm specializing in early-stage tech investments and founder support.
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Venture capital is invested in multiple sectors by Uncork Capital.
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Redpoint Ventures is engaged in venture capital investments.
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Investor details for Trace
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Investments & Acquisitions by Trace
Investment portfolio details for Trace
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Financial Statements - Trace
Detailed financials for Trace
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Trace Comparisons
Peer comparison for Trace
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Competitors of Trace
Trace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Conta Simples, AppZen, Jenji, Mendel and Sensibill, among others.
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Digital bank for businesses
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Personal Assistant for Expense Management
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AI-based expense management software is offered for businesses.
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Expense analysis and management solutions are provided for businesses.
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Receipt management solutions are offered for digital banking apps.
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AI-based legal spend management software is offered for corporate lawyers.
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Detailed competitors of Trace
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Latest news on Trace
Complete news archive for Trace
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Frequently Asked Questions about Trace
Trace was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Trace is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Mike Gonzalez is the current CEO of Trace. They have also founded this company.
Trace is a funded company, having raised a total of $8.3M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at Trace is 12.
Trace is established as a modern workforce planning and spend management platform. It is utilized for headcount planning, workforce analytics, and procurement workflows. Solutions are provided to integrate with HR, ERP, and financial tools. The platform is trusted by innovative businesses across various sectors, including NASDAQ-listed companies and the public sector. Security and compliance are prioritized to safeguard sensitive workforce and financial data.
Trace's top competitors include Conta Simples, Brightflag and AppZen.
Trace offers Trace Headcount and Trace Spend.
Trace has 10 investors. Key investors include Paylocity, Greylock Partners, Uncork Capital, Redpoint Ventures, and Nyca Partners.